Disney investors demand details into company's Jimmy Kimmel suspension
This discussion thread was locked as off-topic by GP6971 (a host of the Latest Breaking News forum).
Source: The Guardian
A group of Disney investors is asking the company to turn over documents related to the company’s decision to temporarily suspend Jimmy Kimmel’s late-night show, amid charges the media company may have been “complicit in succumbing” to media censorship.
The investors, composed of lawyers for the American Federation of Teachers and Reporters Without Borders, noted that Disney’s stock “suffered significant declines in response to the company’s abrupt decision to suspend Mr. Kimmel and his show”, it said in a letter to Disney.
“The fallout from suspending Jimmy Kimmel Live! sparked criticism as an attack on free speech, triggered boycotts and union support for Mr. Kimmel, and caused Disney’s stock to plummet amid fears of brand damage and concerns that Disney was complicit in succumbing to the government overreach and media censorship,” the letter said.
The lawyers are demanding “copies of any meeting minutes, meeting agenda and written materials provided to the [company’s] board or presented at any meeting of the board” regarding Kimmel’s decision. It cites a law in Delaware, where Disney is incorporated, that says shareholders can receive materials around board discussion “to investigate potential wrongdoing, mismanagement and breach of fiduciary duty by members [of the board]”. Disney did not immediately respond to requests for comments.
Read more: https://www.theguardian.com/film/2025/sep/25/disney-investors-jimmy-kimmel-suspension-abc
Now this was not something I expected.
= new reply since forum marked as read
